The behavior of the retail market in Mexico has skyrocketed in recent years. According to data from Payments and Commerce Market Intelligence (PCMI), the country projects a compound annual growth (CAGR) of 33% between 2023 and 2026 in online product sales, the highest in all of Latin America after Peru. Under this panorama, it is essential that the sector arm itself with the best tools to grow at the pace of the market. “E-commerce sales in Mexico totaled MXN 528 billion (US$30.9 billion) during 2022, which represented an increase of 23% compared to 2021. When it comes to personalizing the shopping experience, an. Accenture report found that 91% of consumers indicate they are more likely to shop with brands that offer personalized offers and recommendations.
Mexican Online Sales Association (AMVO)
To accelerate innovation and meet consumer demand, enterprise observability has become a fundamental pillar in an expansion strategy. How does observability help in the business environment? Observability is a key concept in the field of business management and analysis, especially India Mobile Database in digital and technological environments. Through this practice it is possible to understand the internal state of complex systems, such as networks, applications and online platforms. According to a study by McKinsey & Company , companies that use big data in their marketing strategy can increase their revenue by 10% and reduce their costs by 20%.
Unlike traditional Success factors of business monitoring
Which focuses on collecting data and metrics, observability focuses on generating actionable insights from that data to understand the behavior, performance, and interactions of these systems. In the retail sector, observability enables deep, real-time understanding of various facets of commercial operations, including: 1. Inventory tracking: Observability helps retailers ensure that their inventory sensors Guatemala Phone Number are always connected and detect failures of different distribution centers through the use of technology such as the Internet of Things (IoT).This information is invaluable for personalizing the customer experience, optimizing product layout, and offering relevant promotions at the right time.